Wisconsin Statutes 703.202 – Access to records of association-controlled entity
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Wisconsin Statutes 703.202
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
(1) In this section:
(a) “Control” means to directly or indirectly do any of the following:
1. Own more than 50 percent of the ownership interest of an entity.
2. Have a controlling interest in an entity.
3. Have the power to direct or cause the direction of the management or policies of an entity.
(b) “Entity” means a person other than an individual.
(2) If an association controls an entity, a unit owner may inspect and copy records of the entity to the same extent that the association may inspect and copy the records.